diff --git a/freqtrade/rpc/telegram.py b/freqtrade/rpc/telegram.py
index 086c408ac..c640fc77b 100644
--- a/freqtrade/rpc/telegram.py
+++ b/freqtrade/rpc/telegram.py
@@ -264,17 +264,15 @@ class Telegram(RPC):
         (currencys, total, symbol, value) = result
         output = ''
         for currency in currencys:
-            output += """*Currency*: {currency}
-    *Available*: {available}
-    *Balance*: {balance}
-    *Pending*: {pending}
-    *Est. BTC*: {est_btc: .8f}
-    """.format(**currency)
+            output += "*{currency}:*\n" \
+                      "\t`Available: {available: .8f}`\n" \
+                      "\t`Balance: {balance: .8f}`\n" \
+                      "\t`Pending: {pending: .8f}`\n" \
+                      "\t`Est. BTC: {est_btc: .8f}`\n".format(**currency)
 
-        output += """*Estimated Value*:
-    *BTC*: {0: .8f}
-    *{1}*: {2: .2f}
-    """.format(total, symbol, value)
+        output += "\n*Estimated Value*:\n" \
+                  "\t`BTC: {0: .8f}`\n" \
+                  "\t`{1}: {2: .2f}`\n".format(total, symbol, value)
         self.send_msg(output)
 
     @authorized_only
diff --git a/freqtrade/tests/rpc/test_rpc_telegram.py b/freqtrade/tests/rpc/test_rpc_telegram.py
index 27637c013..28fdc7902 100644
--- a/freqtrade/tests/rpc/test_rpc_telegram.py
+++ b/freqtrade/tests/rpc/test_rpc_telegram.py
@@ -614,12 +614,12 @@ def test_telegram_balance_handle(default_conf, update, mocker) -> None:
     telegram._balance(bot=MagicMock(), update=update)
     result = msg_mock.call_args_list[0][0][0]
     assert msg_mock.call_count == 1
-    assert '*Currency*: BTC' in result
-    assert '*Currency*: ETH' not in result
-    assert '*Currency*: USDT' in result
-    assert 'Balance' in result
-    assert 'Est. BTC' in result
-    assert '*BTC*:  14.00000000' in result
+    assert '*BTC:*' in result
+    assert '*ETH:*' not in result
+    assert '*USDT:*' in result
+    assert 'Balance:' in result
+    assert 'Est. BTC:' in result
+    assert 'BTC:  14.00000000' in result
 
 
 def test_zero_balance_handle(default_conf, update, mocker) -> None: